Forafric Net Debt from 2010 to 2024

AFRIW Stock  USD 1.09  0.06  5.22%   
Forafric Global Net Debt yearly trend continues to be fairly stable with very little volatility. Net Debt will likely drop to about 139.8 M in 2024. Net Debt is the total debt of Forafric Global PLC minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2010-12-31
Previous Quarter
174.7 M
Current Value
139.8 M
Quarterly Volatility
34.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forafric Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forafric Global's main balance sheet or income statement drivers, such as Interest Income of 35.1 K, Depreciation And Amortization of 6.1 M or Interest Expense of 11.7 M, as well as many indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 0.0 or PTB Ratio of 13.11. Forafric financial statements analysis is a perfect complement when working with Forafric Global Valuation or Volatility modules.
  
Check out the analysis of Forafric Global Correlation against competitors.

Latest Forafric Global's Net Debt Growth Pattern

Below is the plot of the Net Debt of Forafric Global PLC over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Forafric Global's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forafric Global's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Forafric Net Debt Regression Statistics

Arithmetic Mean201,058,699
Geometric Mean197,848,115
Coefficient Of Variation17.01
Mean Deviation28,605,735
Median222,513,000
Standard Deviation34,201,411
Sample Variance1169.7T
Range99.8M
R-Value(0.74)
Mean Square Error576.4T
R-Squared0.54
Significance0
Slope(5,632,445)
Total Sum of Squares16376.3T

Forafric Net Debt History

2024139.8 M
2023174.7 M
2022176.6 M
2021176.9 M
2020122.7 M

Other Fundumenentals of Forafric Global PLC

Forafric Global Net Debt component correlations

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0.87-0.92-0.650.660.860.8-0.720.870.880.770.64-0.770.590.780.76-0.62-0.64
-0.72-0.920.62-0.5-0.67-0.810.78-0.7-0.72-0.55-0.610.59-0.36-0.63-0.610.570.62
-0.88-0.650.62-0.88-0.8-0.70.03-0.84-0.87-0.830.10.89-0.31-0.89-0.930.970.98
0.880.66-0.5-0.880.770.63-0.040.830.890.930.04-0.860.510.820.9-0.83-0.89
0.960.86-0.67-0.80.770.68-0.320.990.970.910.26-0.970.590.960.95-0.82-0.73
0.810.8-0.81-0.70.630.68-0.430.720.750.720.55-0.660.710.760.69-0.53-0.76
-0.3-0.720.780.03-0.04-0.32-0.43-0.32-0.32-0.14-0.850.14-0.23-0.15-0.120.030.02
0.980.87-0.7-0.840.830.990.72-0.320.990.940.27-0.980.60.970.97-0.84-0.79
0.990.88-0.72-0.870.890.970.75-0.320.990.960.27-0.970.60.960.97-0.86-0.84
0.970.77-0.55-0.830.930.910.72-0.140.940.960.21-0.950.710.930.95-0.79-0.82
0.290.64-0.610.10.040.260.55-0.850.270.270.21-0.090.620.150.060.20.05
-0.97-0.770.590.89-0.86-0.97-0.660.14-0.98-0.97-0.95-0.09-0.54-0.98-0.990.90.84
0.660.59-0.36-0.310.510.590.71-0.230.60.60.710.62-0.540.610.52-0.17-0.37
0.970.78-0.63-0.890.820.960.76-0.150.970.960.930.15-0.980.610.98-0.86-0.85
0.970.76-0.61-0.930.90.950.69-0.120.970.970.950.06-0.990.520.98-0.93-0.89
-0.84-0.620.570.97-0.83-0.82-0.530.03-0.84-0.86-0.790.20.9-0.17-0.86-0.930.91
-0.86-0.640.620.98-0.89-0.73-0.760.02-0.79-0.84-0.820.050.84-0.37-0.85-0.890.91
Click cells to compare fundamentals

About Forafric Global Financial Statements

Forafric Global investors use historical fundamental indicators, such as Forafric Global's Net Debt, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Forafric Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt174.7 M139.8 M
Net Debt To EBITDA 23.35  24.52 

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Additional Tools for Forafric Stock Analysis

When running Forafric Global's price analysis, check to measure Forafric Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forafric Global is operating at the current time. Most of Forafric Global's value examination focuses on studying past and present price action to predict the probability of Forafric Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forafric Global's price. Additionally, you may evaluate how the addition of Forafric Global to your portfolios can decrease your overall portfolio volatility.